Overview

• Warrior Q3 revenue beats analyst expectations

• Company's net income and adjusted EBITDA declined year-over-year

• Record sales volumes driven by early Blue Creek longwall operations

Outlook

• Warrior raises full-year 2025 production guidance by 10% due to Blue Creek ramp-up

• Company lowers cash cost of sales guidance to $105-$110 per short ton

• Warrior cites trade uncertainties and market conditions as risks to outlook

Result Drivers

• BLUE CREEK OPERATIONS - Early startup of longwall operations at Blue Creek increased production capacity and contributed to record sales volumes

• COST REDUCTION - Cash cost of sales per short ton decreased by 18% due to Blue Creek's lower cost structure and operational efficiencies

• FEDERAL LEASE ACQUISITION - Acquisition of federal coal leases extends the life of mining operations and supports long-term growth

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the iron & steel peer group is "buy"

• Wall Street's median 12-month price target for Warrior Met Coal Inc is $75.00, about 13.6% above its November 4 closing price of $64.82

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nBw41rrhda

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)